Daily Archives: May 10, 2017

Mary Powell Is Not Your Typical Utility Executive

By [email protected] Mary Powell has a simple mantra: “Culture eats strategy.” Since taking over as CEO of Green Mountain Power, she’s implemented a startup culture that represents a dramatic departure from a traditional utility model — obsessing over the customer, mixing employees in order to uncover new ideas, testing out new products and reimagining the…

SunPower to continue loss making ways in 2017

US-headquartered high-efficiency PV module producer SunPower reported a first quarter 2017 net GAAP loss of US$134.5 million, while guiding further losses of between $110 million to $135 million for the second quarter of the year as the company transitions its business model. Read Full Article Here For more great articles: PV-Tech

Solar Module Maker SolarWorld Files for Insolvency

Amidst harsh price wars in the solar module maker space, Germany-based SolarWorld AG said in a statement that the company is bankrupt. The company statement said that “ongoing price erosion” and mounting debts have resulted in a negative prognosis for the company and that the board members will immediately file for insolvency. It is unclear…

Residents near Kempton-area wind farm make complaints #IL

By National Wind Watch KEMPTON – Several residents of the Kempton area asked the Ford County Board on Monday night to intercede on their behalf with the owners of the Kelly Creek Wind Farm. The residents said they have been in contact with San Diego-based EDF Renewable Energy for six months about their loss of…

Foreign owners dominate Australian wind farm developments #AUS

By National Wind Watch Foreign companies dominate ownership of Australia’s wind farm developments, taking an ­estimated $1.7 billion a year in ­renewable energy subsidies ­offshore. Sixty per cent of existing wind farms are owned by foreign firms. This will increase to 69 per cent when four projects now in development are complete. And it will…

Longford says no to Derryadd wind farm #IRL

By National Wind Watch A number of peaceful protesters have gathered outside Aras An Chontae where a County Council Meeting is taking place. The group gathered outside the building to support Cllr Mark Casey’s motion to increase the setback distance to 1.6km away from residences, or ten times the height of a wind turbine. “We’re…

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